Omega Therapeutics Faces Leadership Change and Takeover Proposal

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2024.12.31 22:57
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Omega Therapeutics has announced the resignation of Michelle C. Werner from its Board of Directors. Additionally, the company received a non-binding takeover proposal from Mirai Bio, Inc., which includes assuming $8 million of Omega's debt. A special committee has been formed to evaluate this offer and explore strategic alternatives. Omega Therapeutics focuses on biotechnology, particularly in epigenetic and epigenomic controllers, and currently has a market cap of $44.48 million.